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CLOUD-DIGITAL-LEADER · Question #389

An organization stores its important industry data in a relational database. They want to create a new revenue stream by enabling third parties to use that data in their applications. Which cloud firs

The correct answer is C. Expose data through a chargeable API.. Exposing relational data through a chargeable API is the cloud-first monetization strategy that enables third parties to programmatically access data without sharing direct database credentials.

Monetizing Data Assets

Question

An organization stores its important industry data in a relational database. They want to create a new revenue stream by enabling third parties to use that data in their applications. Which cloud first approach should the organization choose?

Options

  • AAdd third-party users to their database.
  • BOffer chargeable downloads of archived data.
  • CExpose data through a chargeable API.
  • DTransfer data into a non-relational database.

How the community answered

(58 responses)
  • A
    9% (5)
  • B
    3% (2)
  • C
    76% (44)
  • D
    12% (7)

Why each option

Exposing relational data through a chargeable API is the cloud-first monetization strategy that enables third parties to programmatically access data without sharing direct database credentials.

AAdd third-party users to their database.

Adding third-party users directly to the database exposes internal schema, raises serious security risks, and is not scalable.

BOffer chargeable downloads of archived data.

Offering archived data downloads is a batch, manual process that is not suitable for real-time application integration.

CExpose data through a chargeable API.Correct

A chargeable API creates a scalable, secure, and programmable interface between the organization's data and external developers. It allows third parties to integrate the data into their own applications while giving the organization full control over access, rate limiting, and billing. This is the standard cloud-first approach for data monetization, often implemented with API management tools like Apigee.

DTransfer data into a non-relational database.

Migrating to a non-relational database addresses a storage format concern and does not by itself create a monetization channel.

Concept tested: API-based data monetization strategy in the cloud

Source: https://cloud.google.com/apigee/docs/api-platform/get-started/what-is-apigee

Topics

#Cloud Data Monetization#API Strategy#Third-Party Data Access#Digital Business Models

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